Sr Account Manager, Wealth Management Advisory

Northern Trust Corp.; Chicago (IL); On-site; USD 74,000 - 126,000; Full time

Job summary

Northern Trust Corp. in Chicago, IL seeks a trusted professional to manage complex fiduciary and custody accounts, coordinating service delivery for high-value clients. You will liaise with Trust Advisors and support teams to ensure accurate, timely administration and reporting.

The role requires a solid background in wealth management operations, strong communication, and the ability to drive efficient client service workflows in a collaborative environment.

Qualifications

• Excellent verbal and written communication skills required.
• Analytical, problem-solving, and organizational abilities are essential.
• Highly flexible and adaptable to change in a dynamic environment.
• Technical proficiency with MS Office and Workday is expected.

Responsibilities

• Coordinate fiduciary, investment management, estate settlement, guardianship, and/or custody accounts for complex client relationships.
• Develop and maintain knowledge of governing documents and account agreements.
• Receive service requests from clients and partners and facilitate service changes or transactions.
• Oversee resolution of client issues and communicate progress to clients.
• Assist in account opening/closing, cash movement, and fee set-ups with the client support team.

Skills

Communication

Analytical skills

Problem solving

Organizational skills

Adaptability

MS Office

Workday

Education

Bachelor's degree

Tools

MS Office

Workday

Job description

About Northern TrustAs a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions.Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.Responsible for maintaining client relationships by coordinating administration of complex fiduciary, investment management, estate settlement, guardianship, and/or custody accounts. This Partner establishes and maintains the account, responds to client inquiries, produces action plans and reports, and oversees transaction processing in coordination with the Client Support Services Team. The partner assists Wealth Management Trust Advisors, Estate Settlement Administrators, Guardianship Administrators and/or Client Advisors with client requests, meetings, business development and creating client presentations.Key responsibilities include:1. Coordinates account administration for fiduciary, investment management, estate settlement, guardianship, and/or custody accounts for complex client relationships.2. Develops and maintains working knowledge of governing documents and account agreements.3. Receives service requests from clients and partners, and communicates to service partners; obtains appropriate information from partners and clients to facilitate service changes or transactions4. Coordinates resolution of client issues; informs client of steps taken to resolve requests or problems.5. Oversees development of appropriate action plans for client servicing events and ensures execution and follow-up; communicates with clients regularly to inform them of account set-up or status, document requests, or other information.6. Engages the Client Support Services Team on execution of client servicing events, account opening and closing, cash movement, and fee set-ups.7. Assists Trust Advisors, Estate Settlement Administrators, Guardianship Administrators, and/or Client Advisors in account acceptance process, discretionary request analysis and process, compliance management and annual account review process; ensures appropriate documentation is collected and imaged; ensures systems information is up-to-date; ensures accurate set up and review of fees; documents services provided, specialized procedures, and ongoing written communications with client as appropriate in managing daily activity.8. Develops and maintains a working knowledge of various business applications critical to relationship management including client on-line tools.9. Assists Trust Advisors, Estate Settlement Administrators, Guardianship Administrators, and/or Client Advisors with business development and client presentations. Identifies service efficiency enhancements, process improvements, and service delivery using creative and proactive measures.10. Able to serve as a key subject-matter expert and mentor to other more junior-level employees11. May manage daily operational activities and supervise day-to-day work of junior-level employees (but not a formal management role)12. More technically sound in area of expertise and has broader knowledge of other areas13. Delivers a work product that requires less revision14. Able to facilitate discussions and reach decisionsThe successful candidate will have:Excellent verbal and written communication skills are requiredFunctional / Industry Knowledge of personal trust, estate, guardian and Advisory services and products, usually acquired through related work experience, is requiredAnalytical, problem solving, and organizational skills are requiredHighly flexible and adaptable to changeTechnical skills / systems knowledge (e.g. MS Office, Workday)Experience: A College or University degree and/or relevant proven work experience is preferred.5-7 years' experience in financial servicing or related experience/credentials preferredSalary Range:$74,200 - 126,200 USDSalary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.Work AuthorizationApplicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).Working with UsAs a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.Reasonable AccommodationNorthern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [e-mail], or alternatively you can discuss your individual requirements with the recruiter you are working with.